Logo of Curve LlamaLend V2

Curve LlamaLend V2(CRV)

Total Value Locked$42.43m

TVL by Chain

Ethereum$42.08m

OP Mainnet$359,285

Key Metrics

Fees 30d$82,980
Fees 30d by chain

Ethereum$81,290

OP Mainnet$1,690

Fees 7d$20,355

Ethereum$19,745

OP Mainnet$610

Fees 24h$3,113

Ethereum$2,722

OP Mainnet$391

Cumulative Fees$167,470

Ethereum$155,652

OP Mainnet$11,818

Revenue 30d$8,326
Revenue 30d by chain

Ethereum$8,161

OP Mainnet$163.90

Revenue 7d$2,044

Ethereum$1,983

OP Mainnet$60.76

Revenue 24h$311

Ethereum$272

OP Mainnet$39

Cumulative Revenue$16,837

Ethereum$15,670

OP Mainnet$1,164

Holders Revenue 30d$0
Holders Revenue 30d by chain

Ethereum$0

OP Mainnet$0

Holders Revenue 7d$0

Ethereum$0

OP Mainnet$0

Holders Revenue 24h$0

Ethereum$0

OP Mainnet$0

Cumulative Holders Revenue$0

Ethereum$0

OP Mainnet$0

Active Loans$29.3m

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Protocol Information

Curve's isolated lending market infrastructure enables users to borrow or lend using stablecoin $crvUSD along with permissionless markets created from crypto-tokenized collaterals, where markets may be created permissionlessly. Positions are managed passively: if the collateral's price decreases, the system automatically sells off collateral in a ‘soft liquidation mode’. If the collateral's price increases, the system recovers the collateral.

Category:Lending

Methodology

TVL: TVL is the sum of collateral and borrowed tokens held in LLAMMA AMMs and market controllers. Borrowed is total debt across all v2 markets.View code on GitHubFees: Total borrow interest paid by borrowers plus AMM swap fees from LLAMMA liquidation AMMs.View code on GitHubRevenue: Borrow admin fees accrued or collected by Curve DAO via per-market fee receivers.View code on GitHubHolders Revenue: Not applicable — protocol fees route to Curve DAO fee receivers, not CRV token holders.View code on GitHub

Competitors

Curve LlamaLend V2 history

TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Jun 11, 2026 to Oct 19, 2026.

All-time high TVL: $42.32m on Oct 19, 2026. All-time low TVL: $44 on Jun 11, 2026.

Daily TVL, Sep 20, 2026 to Oct 19, 2026

DateTVL
Sep 20, 2026$33.87m
Sep 21, 2026$34.23m
Sep 22, 2026$34.3m
Sep 23, 2026$34.25m
Sep 24, 2026$34.24m
Sep 25, 2026$34.38m
Sep 26, 2026$34.55m
Sep 27, 2026$34.58m
Sep 28, 2026$34.96m
Sep 29, 2026$35m
Sep 30, 2026$36.26m
Oct 1, 2026$37.65m
Oct 2, 2026$38.29m
Oct 3, 2026$38.4m
Oct 4, 2026$38.58m
Oct 5, 2026$38.68m
Oct 6, 2026$38.86m
Oct 7, 2026$39.13m
Oct 8, 2026$39.68m
Oct 9, 2026$39.6m
Oct 10, 2026$39.89m
Oct 11, 2026$40.44m
Oct 12, 2026$40.01m
Oct 13, 2026$40.8m
Oct 14, 2026$41.18m
Oct 15, 2026$41.78m
Oct 16, 2026$41.77m
Oct 17, 2026$42.21m
Oct 18, 2026$42.23m
Oct 19, 2026$42.32m

TVL at each month end, Jun 2026 to Oct 2026

DateTVL
Jun 30, 2026$8.35m
Jul 31, 2026$4.73m
Aug 31, 2026$30.38m
Sep 30, 2026$36.26m
Oct 19, 2026 (latest)$42.32m

Fees, revenue and holders revenue by UTC calendar month, Jul 2026 to Oct 2026

MonthFeesRevenueHolders revenue
Jul 2026$4,845$487.11$0
Aug 2026$35,105$3,559$0
Sep 2026$71,257$7,147$0
Oct 2026 (to date)$56,263$5,644$0

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/curve-llamalend-v2

Frequently asked questions

What is Curve LlamaLend V2's TVL?

As of Oct 19, 2026, Curve LlamaLend V2 has $42.43m in total value locked. TVL has increased 25.3% over the past 30 days.

What chains does Curve LlamaLend V2 operate on?

Curve LlamaLend V2 operates on 2 chains: Ethereum and OP Mainnet. Ethereum holds the largest share at 99.2%.

How much has Curve LlamaLend V2 generated in fees and revenue?

Over the past 30 days, Curve LlamaLend V2 generated $82,980 in fees. Of that, $8,326 was protocol revenue. Based on the trailing year, the annualized rate is $605,963 in fees and $60,929 in revenue.

How does Curve LlamaLend V2's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, Curve LlamaLend V2 ranks #39 by TVL. The category holds $51.664b across 515 protocols, and Curve LlamaLend V2 accounts for 0.1% of that total. Other leading protocols include Aave V3, Morpho Blue, Compound V3, Venus Core Pool, Curve LlamaLend, Gearbox, Exactly, Moonwell Lending, Unitus, and OmniBTC.

How much has been borrowed through Curve LlamaLend V2?

As of Oct 19, 2026, Curve LlamaLend V2 has $29.3m in active loans.